Safe Harbour Statement

This document and its contents are proprietary information and may not be reproduced or otherwise disseminated in whole or in

part either directly or indirectly without the prior written consent of each of Aventus Capital Inc. (formerly, The Westaim Corporation) (“Aventus”, the “Corporation”, the “Company”, “we” or “our”), Ceres Life Insurance Company (“Ceres” or “Ceres Life”) and CCaventus Asset Management LP (formerly, Arena Investors LP) (“CCaventus”).

The Insurance segment, which primarily transacts its business through Ceres is a cloud

-native, highly scalable, de novo annuity insurance company. Inspired by the belief that technology can reinvent the way insurance providers meet the needs of investors, Ceres is building a nimble, efficient, and risk-conscious insurance company that provides simple-to-understand and easily accessible annuity products to create better outcomes for policyholders.

The Asset Management segment, which primarily operates through

CCaventus is a global institutional asset manager with deep expertise in credit and asset-oriented investments. Founded in 2015, CCaventus manages assets across a full spectrum of corporate, real estate and structured finance opportunities.

This document is not, and under no circumstances is it to be construed as, an advertisement or a solicitation for any investm

ent or any investment product with respect to Aventus or any of the entities described herein. The information set forth herein does not purport to be complete and no obligation to update or otherwise revise such information is being assumed unless required by law. Where any opinion is expressed in this presentation, it is based on the assumptions and limitations mentioned herein and is an expression of present opinion only. No warranties or representations can be made as to the origin, validity, accuracy, completeness, currency or reliability of the information. In addition, certain of the information contained herein is preliminary and is subject to change. Unless otherwise stated, the information contained herein is current as of the date of this presentation. There is no guarantee that any of the goals, targets or objectives described herein will be achieved. This document is not intended to provide specific investment, financial, legal, accounting and/or tax advice.

This document contains certain historical results and performance data including, without limitation, relating to the Company

(and its investments), Ceres and CCaventus. The historical results and performance data have been included in this document for illustrative purposes only. The historical results and performance data are in no way indicative of any future results, performance or returns by any of, Aventus Ceres and CCaventus.

Certain statements in this presentation are “forward

-looking statements”. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always using words or phrases such as “expects”, “does not expect”, “is expected”, “seeks”, “endeavours”, “anticipates”, “does not anticipate”, “plans”, “estimates”, “believes”, “does not believe” or “intends”, “does not intend” or stating that certain actions, events or results may, could, would, might or will occur or be taken, or achieved) are not statements of historical fact and may be “forward-looking statements”. In particular, but without limiting the foregoing, this presentation contains forward-looking statements pertaining to: potential growth in multi-year guaranteed annuity (“MYGA”) and fixed index annuity (“FIA”) products, amount of Ceres volume processed end to end, scaling of AUM (as defined herein) and AUM growth, GDP and unemployment forecasts, future interest rates, future partnerships (and related targets), target allocations, broadening of credit offerings, advancing to consistent profitability, new core infrastructure, news products, expected runoff of the FINCO portfolio, U.S. listing and effect of transitioning to US GAAP. Forward-looking statements are based on expectations, estimates and projections as well as other relevant factors at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. These include, but are not limited to, the risk factors discussed in Aventus’ Annual Information Form for its fiscal year ended December 31, 2024, (as same may be modified or superseded by a subsequently filed Annual Information Form) which is available on SEDAR+ at www.sedarplus.ca. Except as required by law, Aventus does not have any obligation to advise any person if it becomes aware of any inaccuracy in or omission from any forward-looking statement or to update such forward-looking statement.

The information contained herein is based on publicly available information, internally developed data and other sources.

Although Aventus believes such information to be accurate and reliable, it has not independently verified any of the data fro

m third party sources cited or used.

All amounts herein are in United States million dollars unless otherwise indicated. Certain comparative figures have been rec

lassified to conform to the presentation of the current period, and certain totals, subtotals and percentages may not reconcile due to rounding. Unless otherwise noted, all references to the share capital of the Company herein is after giving effect to the Company’s December 31, 2024 six to one consolidation

Non-IFRS Measures

Aventus

Aventus reports its interim consolidated financial statements using Generally Accepted Accounting Principles (“GAAP”) and acc

ounting policies consistent with IFRS. The Company discloses a number of financial measures in this presentation that are calculated and presented using methodologies other than in accordance with IFRS Accounting Standards as issued by the International Accounting Standards Board. Aventus cautions readers about non-IFRS measures that do not have a standardized meaning under IFRS and are unlikely to be comparable to similar measures used by other companies. These measures are used to monitor the Company's results and should not be viewed as a substitute for those determined in accordance with IFRS.

Book value per share is a non

-IFRS measure – see section 15 of Aventus’ MD&A for the quarter ended June 30, 2026 for a discussion of non-IFRS measures including a reconciliation to Aventus’s financial results determined under IFRS.

CCaventus

CCaventus

uses US GAAP, IFRS and non-IFRS measures to assess performance.

Assets under management (“AUM”): AUM refers to the assets for which

CCaventus provides investment management. AUM is generally based on the net asset value of the funds managed by CCaventus plus any unfunded commitments. CCaventus’ calculation of AUM may differ from the calculations of other asset managers, and as a result, may not be comparable to similar measures presented by other asset managers. CCaventus’ calculations of AUM are not based on any definition set forth in the governing documents of the investment funds and are not calculated pursuant to any regulatory definitions.

Programmatic Capital includes callable capital to discretionary and non

-discretionary separately managed accounts.

Fee

-Paying Assets Under Management ("Fee-paying AUM") refers to the AUM on which CCaventus earns management fees, servicing expenses and/or incentive fees.

CCaventus Asset Management LP (CCaventus)

CCaventus Asset Management LP (CCaventus) was previously known as Arena Investors LP, and the firm’s name was legally changed on September 11, 2026.

This document is being provided on a confidential basis by CCaventus, solely for discussion with those persons to whom it is transmitted and is not an offer or a solicitation to invest. No person in any jurisdiction may treat this document as a solicitation or offer of any advisory products or services. A prospective investor must rely solely on the terms and associated disclosures in any final offering memoranda, investment management agreement, and associated subscription documents (if any), which would constitute the only basis upon which offerings of any product or service may be made. This document does not constitute investment advice nor is it a recommendation of an offer of investment advisory services or products. Additionally, this document should not be construed as legal, regulatory, tax or accounting advice. The recipient should rely on its own legal, regulatory, tax, accounting and investment advice, and CCaventus assumes no liability for the information contained herein.

The statements contained herein contain certain forward-looking statements that are based on our beliefs, as well as assumptions made by and information currently available to us. These forward-looking statements are, by their nature, subject to significant risks and uncertainties. These forward-looking statements include, without limitation, statements relating to investments, business prospects, future developments, trends, and conditions in the industry and geographical markets in which we operate, our strategies, plans, objectives, and goals, as well as our ability to control costs, statements relating to prices, volumes, operations, margins, overall market trends, risk management, and exchange rates.

This document describes the proposed Commercial Real Estate Credit (“CRE”) Fund, Asset Based Loan (“ABL”) Rated Feeder Fund, Collateralized Loan Obligation (“CLO”) strategy, Secondaries and Liquidity Solutions (SLS) and Private Investment in Public Equity (“PIPE”) strategy. Given these products have not launched yet and/or in the process of being launched, certain information discussed in this document, including but not limited to, summary of terms, leverage terms, and target asset type allocations are for discussion purposes only and are subject to change.

The information provided herein should not be considered a recommendation regarding a particular investment. The actual and potential investments discussed herein are meant to be examples of CCaventus’s investment approach. It should not be assumed that any of the investments discussed herein will prove to be profitable, or that the investment recommendations or decisions made by CCaventus in the future will be profitable. Any discussion of deal pipeline or strategy represents a speculative, forward-looking statement on current intentions and market assumptions, and is not a guarantee of future outcomes. As applicable, the deals identified in the pipeline are in various stages of evaluation and there is no assurance that any will be consummated or come to fruition. No representation is being made about the attractiveness or performance of the transactions or strategies described. CCaventus makes no representation, and it should not be assumed, that past investment performance is an indication of future results. Moreover, wherever there is the potential for profit there is also the possibility of loss. Past performance is not a guarantee of future results. All investments involve risk including the loss of principal. A full list of all privately negotiated investments is available upon request.

Hypothetical Performance:

The target returns are hypothetical, do not represent actual performance and have not been achieved by any investor. The hypothetical returns are based on criteria and assumptions believed to be reasonable under the circumstances. Hypothetical returns are not indicative of future results Hypothetical returns are subject to inherent limitations. A number of factors could cause actual results or outcomes to differ materially from those expressed in, or implied by, the hypothetical returns including, among other things, the risks listed in the applicable Funds' governing documents. Factors that could cause such material differences include, but are not limited to, prolonged downturns in general economic conditions, regulatory changes in the markets in which the applicable Funds operate, competition or other developments. There can be no assurance that any specific investment will either be suitable or profitable for an investor’s investment portfolio. While the results portrayed are based on assumptions which CCaventus currently believes to be reasonable under the circumstances, the actual result on investment will depend on, among other factors, future operating results, market conditions and the value of the assets at the time of disposition, any related transaction costs, and the timing and manner of sale, all of which may differ from the assumptions and circumstances on which the portrayed results are based. Accordingly, the actual returns on investment may differ materially from the portrayed results indicated herein.

Investments in CCaventus vehicles are speculative in nature and involve risk. There can be no assurance that investment objectives will be achieved, and investment results may vary substantially over time. These investments are not intended to be a complete investment program for any investor. There is no secondary market for an investor’s interest in CCaventus’s funds and none is expected to develop. CCaventus’s funds are not registered under the Investment Company Act of 1940 and accordingly are not extensively regulated. Opportunities for the redemption and transferability of interests are restricted, so investors may not have access to capital when it is needed. Leverage may be employed in the funds, which can make investment performance volatile. The valuation of the investments may involve uncertainties and the exercise of judgment. An investor should not make an investment unless the investor is prepared to lose all or a substantial portion of its investment. The fees and expenses charged in connection with investments may be higher than the fees and expenses of other investment alternatives and may offset profits, and the performance-based compensation paid to CCaventus may create an incentive for CCaventus to make more speculative investments than would otherwise be the case. CCaventus has total authority and control over its funds, and the use of a single advisor applying generally similar investment programs could mean a lack of diversification and, consequently, higher risk. For a comprehensive list of risk factors, an investor must review the risk factors as specified in the related confidential information memorandum for a specific fund or investment management agreement, which will be made available upon request.

This document and its contents are proprietary information of CCaventus and may not be reproduced or disseminated, in whole or in part, without CCaventus’s prior written consent. The information set forth herein does not purport to be complete, is unaudited and subject to change. The Firm has no obligation to update or revise such information. Unless otherwise stated, the information contained herein is current as of the date of the presentation.